Borrowing in Torch River No. 488, Saskatchewan

A loan taken out in Torch River No. 488 is governed by Saskatchewan's licensing rules, and the 2021 Census counted 1,219 people in the community.

The census figures for Torch River No. 488

1,219 people were counted in Torch River No. 488 in the 2021 Census. 5145.8 square kilometres of land are attributed to Torch River No. 488.

The arithmetic gives 0.2 people per square kilometre.

Torch River No. 488 ranks 94 by population among the Saskatchewan places on this site.

Within Saskatchewan, Torch River No. 488 is place number 94 by population in this census set, at 1,219 residents.

Products compared here

The product pages behind this city cover the following borrowing categories, among the 20 products compared nationally.

• Debt consolidation loans: Replacing several expensive debts with one payment, and the arithmetic that decides whether it helps.
• Personal loans: A fixed sum repaid on a schedule, usually unsecured, for almost any purpose a lender will accept.

The Saskatchewan rules that apply

Consumer lending in Saskatchewan is licensed provincially or territorially, and the Financial Consumer Agency of Canada publishes the list of provincial and territorial regulators where the current position appears.

The federal Payday Lending Regulations (SOR/2024-114) list Saskatchewan among the provinces that regulate payday lending, where the federal Payday Lending Regulations (SOR/2024-114) cap the cost of borrowing at $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced.

Small places are covered the same way as large ones: census figures for the place, and the provincial position on lending.

How borrowing works locally

A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A lender is free to set its own price below the legal ceiling, and it does so according to the risk it reads in the file.

Torch River No. 488 is one of 733 covered Saskatchewan places, counted at 1,219 residents with a land area of 5145.8 square kilometres.

Nothing on the Torch River No. 488 page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

Torch River No. 488 sits at rank 94 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Where a figure for Torch River No. 488 could not be verified, the page names the publisher instead of printing a number.

The density figure for Torch River No. 488, 0.2 people per square kilometre, is calculated from the population and land area above.

Torch River No. 488 appears in the census record with 1,219 residents, and the density of 0.2 people per square kilometre follows from it.

The Torch River No. 488 page follows the same structure as every other place page, with population, land area, density and rank.

Readers comparing Torch River No. 488 with another community can use the same four census fields.

For Torch River No. 488, the two census fields above are the only local statistics used anywhere on the page.

Torch River No. 488 ranks 94 by 2021 Census population among the covered places in Saskatchewan.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Population and land area figures come from Statistics Canada's 2021 Census of Population; regulatory statements are attributed to the federal Payday Lending Regulations (SOR/2024-114).

Where a figure could not be verified, the page names the publisher instead of printing a number.